# Optii Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/optii-solutions

- Industry: Software
- Headquarters: Austin, US
- Website: www.optiisolutions.com
- Total disclosed funding: $2.7M
- Latest round: Seed (Oct 4, 2018)
- Investors on record: 5

## About

Optii Solutions, LLC develops advanced software to streamline hotel operations, focusing on automation and predictive technology to enhance guest experiences and operational efficiency.Founded in 2001, Optii Solutions, LLC is based in Austin, US and specializes in software solutions for the hospitality industry. The company has completed 7 deals and recently raised USD 4.00 mn in a funding round led by HOF Capital, Kinetic Ventures, NextGen Venture Partners, Select Venture Partners, and Thayer Ventures. The company was co-founded by Soenke Weiss and William Ridley-Smith, with Daniel Ives serving as CEO.Optii Solutions specializes in transformative software designed to enhance hotel operations through automation and predictive technology. Their core products include solutions for housekeeping, guest engagement, service delivery, and preventative maintenance, all aimed at improving operational efficiency and guest satisfaction. These solutions enable hotel staff to optimize labor and cleaning sequences, enhance communication, and gain insights into asset management, thereby addressing challenges such as manual errors and inefficient workflows. Optii’s clientele includes hotels and hospitality organizations worldwide, specifically targeting markets in North America, Europe, and the Asia-Pacific region. The company’s software is tailored to fit the needs of various stakeholders within the hotel industry, including operational managers, housekeeping teams, and maintenance personnel, thereby providing a comprehensive suite of tools to streamline processes and improve service delivery.Revenue generation for Optii Solutions primarily occurs through the subscription-based model of their software offerings. Clients engage with the company on a B2B basis, subscribing to various product packages that align with their operational needs. Each hotel or hospitality organization can choose from tailored solutions, potentially including flagship products like their AI-powered housekeeping and maintenance management systems, which come with specific functionalities designed to streamline daily operations. The pricing structure may vary based on the scale of deployment and the number of users, reflecting the level of customization and service commitment required by each client. This model supports ongoing relationships, ensuring that clients benefit from continuous updates and improvements to the software solutions, ultimately fostering long-term partnerships within the hospitality sector.Optii Solutions plans to enhance its product offerings with new software features aimed at improving operational efficiencies. The company is also targeting expansion into new geographic markets, specifically in Europe and the Asia-Pacific region by the end of 2024. The recently raised funding of USD 4.00 mn will be utilized to support these initiatives, focusing on product development and market entry strategies.

## Funding rounds

- Seed, Oct 4, 2018 — MetaProp
- Series B, Jan 23, 2017 — Select Venture Partners
- Series A, Apr 12, 2016, $2.7M — Brisbane Angels, Select Venture Partners, Camber Creek, HOF Capital, MetaProp
- Seed, Jan 26, 2016 — MetaProp
- Seed, Sep 1, 2015 — Camber Creek, MetaProp

## Investors

- Camber Creek (https://capitalatlas.ai/funds/camber-creek) — Seed, Series A
- MetaProp (https://capitalatlas.ai/funds/metaprop) — Seed, Series A
- Brisbane Angels (https://capitalatlas.ai/funds/brisbane-angels) — Series A
- Select Venture Partners (https://capitalatlas.ai/funds/select-venture-partners) — Series A, Series B
- HOF Capital (https://capitalatlas.ai/funds/hof-capital) — Series A